secwatch.observer — SEC 8-K summary
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Issuer:     Global Crossing Airlines Group Inc. (JETMF)
CIK:        0001846084
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0000950170-23-061967
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GlobalX Q3 revenue $42.6M (+38% YoY); reaffirms FY23 revenue guidance of $150M
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- Q3 revenue $42.6M (+38% YoY); EBITDAR $7.6M; GAAP operating loss $2.3M (improved $4.4M vs Q2).
- Block hours flown 6,487 (+173% YoY); pilot count rose to 125.
- Closed $35M debt facility with Axar Capital to fund growth and working capital.
- FY23 revenue guidance reaffirmed at $150M (+54% YoY); $143M already flown or contracted.
- Ends Q3 with $17.3M cash (+46% vs Dec 2022); 13 aircraft plus 4 planned Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846084/000095017023061967/0000950170-23-061967-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846084/000095017023061967/jetmf-20231108.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-061967

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